
Charles D. Ellis Interview (Replay):Masters in Business (Audio)
Masters in Business
00:00
What Should You Think About When Interest Rates Go Down?
The Federal Reserve has done all of us as a nation, real good by getting the interest rates down enough so that we're really starting to see the economy come back to its full capabilities and potential. It has been terribly painful for the people who depend on interest income because they've seen interest income go from 5, 6, 7% down to 2, 3%. So be realistic about that. But if you're looking at what should you do as an investor today, first of all, think long term. Don't look just at your stock and bond portfolio. Look at your home, social security, and your income as an earning person, so-called intellectual property. What are they worth
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